Developing sustainable cities and more effectively managing natural resources
Supporting the private sector and employment
Strengthening social cohesion
Promoting gender equality
Egypt is located in North-East Africa and has substantial natural resources (gas, oil, mines, etc.) and human resources. With over 90 million inhabitants, it is the third most populous country in Africa. However, 95% of the surface area is made up of desert and is uninhabitable and some 98% of the population lives on 3.5% of the territory around the Nile Valley and Delta. The country has very little arable land, few water resources and is highly vulnerable to climate change. The strong population growth and concentration of the population exacerbate pressures on the environment and lead to an increase in needs for services and job creation.
AFD has been a partner of Egypt since 2005 and opened an agency in Cairo in 2007. To meet the high investments needs and expectations of the population in terms of social justice, AFD is assisting the country in its transition towards more inclusive and sustainable strong growth.
We operate through loans to the State, loans to public enterprises, local authorities and regional institutions, loans to private companies, credit lines and guarantees for local banks, and grants to finance needs for expertise and technical assistance related to our projects.